For years, Burger King was the sick man of the quick service restaurant industry. A perennial laggard to McDonald’s in scale, the company was also widely seen as hamstrung by poor execution, a revolving door of leadership (Joe Nocera noted in 2012 that the company...

“Too much knowing is misery.” – Lorenzo de Medici By David Johnson | @TurnaroundDavid The Corporate Takeover of the Red Cross (ProPublica): Despite support from the U.S. government, a proud history of aiding people in the midst of crisis, and the advantage of...

“Circumstances are beyond human control, but our conduct is in our own power.” ― Benjamin Disraeli By David Johnson | @TurnaroundDavid Yahoo Board, Sticking by Mayer, to Decide on Spinoff by End of Weekend (Recode): Three years into the tenure of CEO Marissa Mayer,...

“No problem can be solved until it is reduced to some simple form. The changing of a vague difficulty into a specific, concrete form is a very essential element in thinking.” ― J.P. Morgan By David Johnson | @TurnaroundDavid The Accounting Rules That Bankrupt...

“I found Rome a city of bricks and left it a city of marble.” ― Augustus Caesar By David Johnson | @TurnaroundDavid Junk Bond Traders See Black Friday Flop (Bloomberg): Distressed debt professionals assessing the prospects of retailers as the crucial holiday...